By Commodity News Service Canada
Winnipeg, Dec. 18 (CNS) – Following are a few highlights in
the Canadian and world feed grains markets for Monday, Dec. 18.
Feed wheat bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$218 to C$225 per tonne range
as of Dec. 15, which is slightly lower than the previous week,
according to the latest pricing information from the provincial
government. Feed barley prices as well fell slightly, coming in
at C$216 to C$225 per tonne in Lethbridge.
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Chicago Mercantile Exchange and Chicago Board of Trade (CME
Group) debuted its Black Sea corn and wheat futures Monday. Last
month CME said it was launching cash-settled Black Sea wheat and
corn futures to extend its presence in the export region. CME’s
August Black Sea wheat futures saw an opening trade at US$184.50
per tonne for 40 lots. Black Sea corn futures were still
untraded as of late Monday morning.
European Union exports of wheat are expected to rise to
36.8 million tonnes by 2030/31 compared to 27 million this year,
according to the EU’s executive forecast. This is due to rising
demand for livestock feed, supported by an expanding dairy
sector.
November barley exports in Ukraine dropped compared to the
exported 167.4 thousand tons of barley, which is 44 per cent
less than in the same period last year. Over the last five
months Ukraine has exported 3.73 million tonnes, which is 6.5
per cent less than last year.
